Historical Cost and Prices
Note: Multiplying historical U.S. prices of the period by 15 will result in an approximate value in today's prices. To appreciate the enormous sums with which he was involved and to evaluate Ivar Kreuger it is necessary to factor out inflation. This is done in the text by giving the approximate value in today's money in parentheses. Rather than showing the source used after every conversion into today's values it is provided in this section.
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Famous quotes containing the words historical, cost and/or prices:
“Historical! Must it be historical to catch your attention? Even though historicity, like notoriety, denotes nothing more than that something has occurred.”
—Franz Grillparzer (17911872)
“Life! Life! Dont let us go to life for our fulfilment or our experience. It is a thing narrowed by circumstances, incoherent in its utterance, and without that fine correspondence of form and spirit which is the only thing that can satisfy the artistic and critical temperament. It makes us pay too high a price for its wares, and we purchase the meanest of its secrets at a cost that is monstrous and infinite.”
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